01/21 – ETF Trading – EWH, EWZ
We have 2 trading positions in EWH and 1 trading position in EWZ.
Yesterday’s sell-off pushed prices lower. Scale into an additional position should either of these etfs move lower today. Exit the trade at the market close when the etf price is greater than the MA(5), or – for a potentially larger gain – when the RSI(2) is greater than 70.
Have questions about the signals? Learn all the etf trading signals in the book by Larry Connors: High Probability ETF Trading. His etf trading strategies have only a few rules and you’ll be able to back-test and apply the strategies to the next trading day. With easy to follow signals, clear explanations, and years of tested results, there is no better place to start finding new trading edges than in High Probability ETF Trading.
All trades are at the market close. Please trade responsibly!
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